Everything You Need to Know About Chargeback Rules
While helpful in maintaining a norm for all credit card transactions, chargeback rules are, unfortunately, quite complicated. Here are some things to be aware of when navigating the chargeback process.
Rectify Recurring Payment Chargebacks
For most businesses, recurring payments are a viable way to increase revenue. However, merchants must mitigate the risk associated with these payment plans so they don’t turn into a liability.
Everything You Need to Successfully Manage Chargebacks
How successful are your chargeback management efforts? This may come as a shock, but your efforts to prevent and dispute chargebacks probably aren’t as successful as they could be.
What are the Best Chargeback Prevention Tools Available?
Chargebacks are hugely detrimental to profit margins. No merchant wants to see recurrent chargebacks for any reason. Fortunately, there are several chargeback prevention tools that help reduce risk and retain more revenue.
Writing a Winning Chargeback Rebuttal Letter
There are various stages in the chargeback process. If you wish to fight a chargeback (also known as chargeback representment), you’ll have to write a chargeback rebuttal letter.
Reduce Chargebacks and Minimize Headaches
There are two components of an effective chargeback management strategy. First, merchants must aim to reduce chargebacks. Next, they must dispute chargebacks that slip through the protective barrier. It doesn't take a genius to figure out that the better your prevention strategy,
What to Do When Your Merchant Account Has Been Closed
The world is ending. Your merchant account has been closed. What do you do now?!
If you suspect your acquiring bank is going to close your account,
Preventing Chargebacks for Special Order Merchandise
The beauty of unique merchandise, especially things created and customized to an individual’s unique specifications, can be hampered greatly by the possibility of special order chargebacks.
If you fall into the customizable merchandise category,
Best Ways to Prevent Card-Not-Present Chargebacks
While the eCommerce surge introduces great earning potential for businesses, it has also lead to problematic financial conditions.
The number of card-not-present chargebacks is increasing just as quickly as card-not-present transactions.
Cardholder vs. Issuing Bank: Who Files a Chargeback?
Chargebacks are confusing enough for merchants. Why does there have to be such complicated, redundant terminology too?! For example, what is the difference between a bank chargeback and a regular chargeback?